Sovos Brands, a new food and beverage firm established by Advent International, has completed its the acquisition of Rao's Specialty Foods. Financial terms were not disclosed. Rao's Specialty Foods is the second acquisition in less than ...
Tags: Specialty Foods, food, beverage
Advent International backed Sovos Brands has agreed to acquire Rao's Specialty Foods, the owner of Rao's Homemade pasta sauce made from natural ingredients. The transaction is expected to be completed during the third quarter of this ...
Tags: Sovos Brands, Specialty Foods
Clondalkin Flexible Packaging has backed an online petition by non-profit organization FoodWatch to take necessary steps to limit the migration of mineral oils into food products. The petition, which was launched last month in Europe, ...
Tags: Clondalkin, Flexible Packaging, barrier film
Germany-based Clondalkin Flexible Packaging Wentus has developed a new barrier film for dry food products that claims to stop the entry of potentially harmful mineral oils from the outer packaging into food. The multi-layer barrier ...
Spain-based food company Ebro Foods has entered into an agreement to acquire 52% stake in the Italian company Pastificio Lucio Garofalo for EUR62.5m. Pastificio owns brands such as Garofalo, Santa Lucia and Russo de Cicciano, inter ...
Tags: Ebro Foods, Dry Pasta
The European Union (EU) is set to make changes to 'best before' labels for items such as rice, pasta and coffee, as the labels are found to be inappropriate for such food stuffs. Blaming the labeling for food that is being wasted, ...
Tags: Labeling Dates, best Before
Campbell Soup has teamed up with publicly traded coffee brand Green Mountain Coffee Roasters (GMCR) to launch Campbell’s Fresh-Brewed Soup K-Cup packs. Campbell's stated that the Fresh-Brewed Soup was designed to cater to the ...
Tags: Campbell, Fresh-Brewed Soup K-Cup
US own-label group Ralcorp Holdings, which today (27 November) agreed to a takeover bid from ConAgra Foods, returned to profit in its fiscal 2012 year, boosted by acquisitions made during the year. In the 12 months to the end of ...
Tags: Foods, Foods industry, profit, operating profit
Ralcorp Holdings has acquired Italian private-label frozen ready meals maker Gelit for an undisclosed sum. Gelit, based in Cisterna di Latina, employs around 130 staff and produces frozen ready meals for sale in the US and Italy. The ...
Tags: Ralcorp Holdings, frozen ready meals, food industry, company news